Data Shows Ethereum is the 'Cryptocurrency of Choice for Scams'

[sirty143]

Since the very early days, back when people learned how to create new cryptocurrencies or quickly build infrastructure models like digital asset trading platforms, many scams started to spawn frequently. According to the blockchain surveillance company Chainalysis, over the last two years fraud in the Ethereum ecosystem has run rampant and it’s been the “cryptocurrency of choice for scams for a variety of reasons,” the company’s latest Ethereum report highlights. See more for yourself here...

[Munareal]

The biggest Ethereum scam to me is the ICO scams where projects raise funds during ICOs and take off. Here, unsuspecting investor willing give out their hard earned funds to scammers

[toheed2x]

Since the very early days, back when people learned how to create new cryptocurrencies or quickly build infrastructure models like digital asset trading platforms, many scams started to spawn frequently. According to the blockchain surveillance company Chainalysis, over the last two years fraud in the Ethereum ecosystem has run rampant and it’s been the “cryptocurrency of choice for scams for a variety of reasons,” the company’s latest Ethereum report highlights. See more for yourself here...

i think etheureum platform they're choosing because its provide a complete platform to launch eth based tokens and affordable but I also want to new technology will overcome eth like eos but eos adoption still not that big that we should expecting